Author: NBTC

The crypto market is eying a relief rally in the coming days after the mild US consumer inflation report. It may also benefit from the upcoming Federal Reserve decision and talks between Donald Trump and Xi Jinping. Summary A crypto market rally happened after the latest US inflation data. The report came a few days before the Fed delivers its interest rate decision. Donald Trump will meet with Xi Jinping next Thursday. Crypto market may rally as inflation data raises odds of Fed cuts The cryptocurrency market rose today, Oct. 24, with Bitcoin (BTC) jumping to $111,300 and the total…

The jury deciding the fate of two men accused of money laundering and fraud related to a $25 million exploit of the Ethereum blockchain has submitted a series of detailed questions to the judge as they deliberate, indicating a close scrutiny of key points in the case. On Wednesday, jurors in the criminal trial of Anton and James Peraire-Bueno began deliberating over a verdict after three weeks of hearing differing theories of the case from defense attorneys and US prosecutors. The brothers stand accused of using maximal extractable value (MEV) bots to extract about $25 million in digital assets from…

Stability World AI, a generative artificial intelligence (AI) platform merging AI agents with blockchain incentives, is excited to announce its landmark collaboration with REI Network, a high-performance, lightweight, and scalable blockchain. The mission of this partnership is to merge the specialties of Stability World AI with REI Network to join AI with Web3 technology for seamless deployment of decentralized AI. Partnership AnnouncementStability World AI x REI NetworkWe’re excited to announce our new partnership with @GXChainGlobal (REI Network) — a next-generation, lightweight, and scalable blockchain powering the future of Web3.This collaboration marks a major step in integrating… pic.twitter.com/waQEwZYjQO — Stability World…

Stablecoin issuer Circle has advocated for a level playing field among banks, nonbanks and stablecoin issuers as the US Treasury Department considers implementing the GENIUS Act following its signing into law in July. In comments submitted on Tuesday as part of the Treasury’s notice of proposed rulemaking for GENIUS, Circle was one of many crypto companies that weighed in on how the US government should implement the law establishing a framework for payment stablecoins. While the company reiterated many of the principles for which proponents of the bill had advocated, such as having stablecoins “fully backed with cash and high…

Bybit Pay has rolled out in Sri Lanka, bringing a new crypto payment option to shops, services and online stores across the island. The launch pairs 50 Android point-of-sale terminals in physical locations with 50 selected digital merchants, a modest but deliberate first step to weave digital-asset payments into everyday commerce. The program is being run locally through CeyPay, the payments arm of Ceylon Cash, which means merchants won’t need deep crypto know-how to get started. Whether you run a corner café, a salon, a boutique or an e-commerce site, Bybit says the setup is “plug-and-play”: sign up, accept payments,…

Avalanche partnered with Animoca Brands, Tether, and HashKey Exchange. This was to host a unique event during the Hong Kong FinTech Week 2025. It was called the Capital Reimagined: The RWA Salon. The closed-door meeting featured the leaders of the financial sector and blockchain working on various aspects. This included converging Traditional Finance (TradeFi) and Real World Assets (RWA). Avalanche alliance of Industry Powerhouses Avalanche demonstrated its powerful blockchain payments system that facilitates an effortless tokenization of such assets as bonds and real estate. Animoca Brands launched NUVA, an RWA investment platform that eases the access of assets by the…

The White House announced that inflation data for October will not be released next month due to the US government shutdown. This could lead to the first gap in the data series that has continued uninterrupted for over 100 years. The White House, which stated that the federal government has been shut down for 24 days due to a budget dispute between Republicans and Democrats, said, “Because field studies cannot be conducted, it appears that for the first time in history, inflation data will not be released next month.” The U.S. Bureau of Labor Statistics (BLS) reported that a limited…

Dunamu, the operator behind cryptocurrency exchange Upbit, is finding itself in hot water after South Korean regulators slammed it with a 35.2 billion won (over US$24 million) fine for multiple breaches of anti-money laundering and customer verification laws. The Financial Intelligence Unit (FIU) announced its decision to fine the company on Thursday after months of deliberation over violations of the Specific Financial Information Act. Dunamu reportedly failed to comply with customer identification regulations, and this involves millions of cases. It also neglected its duty to report suspicious transactions, according to the watchdog. The fine is the culmination of a series…

eToro (NASDAQ: ETOR) rolled out a cashback program giving UK and European customers 1% back in stocks when they deposit cryptocurrencies, a push by the platform to diversify away from digital assets that account for more than 90% of its revenue. Cryptocurrency trading generated $1.91 billion of eToro’s $2.09 billion in total revenue during the second quarter, while equities and commodities contributed just $114 million. The new promotion potentially aims to funnel some of those crypto gains into traditional markets. Starting today (Thursday), customers who transfer eligible cryptocurrencies to their eToro Crypto Wallet and convert them to British pounds or…

This week, the market capital of BNB Chain reduced by 13.01 per cent to reach 230.89 billion dollars. The drop indicates the sensitivity of the ecosystem to the macro trends in the crypto market. The decline in value did not bury the activity though. The volumes of trade increased by 11.65% to 33.95 billion. Responses to price movements were fast, generating buying and selling spurts among the traders. This combination of declining prices and increased volume shows volatility rather than weakness. It implies that traders are scouting the BNB Chain to enter. Developers continued construction as the market overheated. The…